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    Economic Potential of the Vientiane–Ha Noi Expressway Based on Experience of the Mekong Region

    Ishida, Masami | March 2019
    Abstract
    The Vientiane–Ha Noi Expressway (VHE) will connect the capitals of Lao People’s Democratic Republic (Lao PDR) and Viet Nam, which have established special relations in politics, security, and ideology. Vientiane, however, has closer economic relations with Thailand than with Viet Nam and is further from Ha Noi than from Bangkok. Lao PDR trade is skewed towards Europe and India but weaker with the Pacific island countries, with which the VHE has the potential to increase trade. The economic effects of developing an expressway in northern Viet Nam show that the VHE could promote tourism, attract foreign direct investment, and create agricultural infrastructure for supplying vegetables and fruits to major cities; such effect on foreign direct investment is verified statistically. To ensure the VHE’s success, cross-border costs need to be reduced on both sides, and relations amongst friendship cities and provinces in Lao PDR, Viet Nam, and Thailand need to be deepened and expanded.
    Citation
    Ishida, Masami. 2019. Economic Potential of the Vientiane–Ha Noi Expressway Based on Experience of the Mekong Region. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/9795.
    Keywords
    Transport
    Transportation
    Trade
    Trade Facilitation
    Trade Potential
    Trade Development
    Trade Agreements
    Regional Trade Integration
    Regional Trade
    Finance And Trade
    Demand For Transport
    Road & Highway Transport
    Road Transportation Systems
    Transport Infrastructure
    Economic integration
    Energy
    Import volume
    Export volume
    Access to markets
    Economic agreements
    Trade financing
    Regional integration
    Vehicle
    Land transport
    Transport economics
    Railways
    Infrastructure
    Railroads
    Roads
    Trade routes
    Markets
    Economic goods
    Economic conditions
    New agricultural enterprises
    Consumer goods
    Road transportation
    Trucking
    Railroads
    Roads
    Trade routes
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    Citable URI
    http://hdl.handle.net/11540/9795
    Metadata
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    ERIA_DP_2018_11.pdf (1.029Mb)
    Author
    Ishida, Masami
    Theme
    Transport
    Trade
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise